$ZIL /USDT Trading Signal - Potential Reversal Ahead 馃挴 馃敟
Entry Range: $0.02100 - $0.02120
Target Levels:
Target 1: $0.02150
Target 2: $0.02180
Target 3: $0.02230
Stop Loss: $0.02060
Analysis:
The price of $ZIL /USDT is currently trading near $0.02105 after a strong downtrend, indicating possible oversold conditions on lower timeframes. A small recovery bounce is evident, forming higher lows, suggesting the potential for a short-term reversal. Immediate resistance lies near $0.02150, followed by $0.02230 if momentum sustains. Traders should watch for increased volume near the entry zone to confirm bullish momentum.
Next Steps:
Secure partial profits at the first target to reduce risk.
Adjust stop-loss to break-even after Target 1 is hit.
Monitor price action near the second target for possible consolidation or continuation.
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